Clean Max Enviro IPO Allotment Date Scheduled for Announcement

Clean Max Enviro Energy Solutions IPO Allotment Update

Key Figures:

• ₹3,100 crore: Amount raised from book-building issue
• ₹1,000 - ₹1,053: Clean Max Enviro IPO price band
• 1.14 crore: Number of fresh equity shares issued
• ₹1,200 crore: Value of fresh equity shares issued
• 1.80 crore: Number of shares offered for sale
• ₹1,900 crore: Value of shares offered for sale
• ₹1,036: Estimated listing price of the stock
• 1.61%: Discount to the issue price

The Clean Max Enviro Energy Solutions Ltd IPO, a commercial and industrial renewable energy provider, received weak demand during its public issue period from February 23 to 25. The company is expected to finalize the IPO allotment status today, February 26.

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Clean Max Enviro IPO Allotment Status

Investors can check the IPO allotment status online through the websites of BSE and NSE, as well as the official portal of the IPO registrar, MUFG Intime India.

Steps to Check Clean Max Enviro IPO Allotment Status:

• BSE Website: Visit https://www.bseindia.com/investors/appli_check.aspx, select 'Equity', choose 'Clean Max Enviro Energy Solutions Limited', enter application number or PAN, and click on 'Search'.
• NSE Website: Visit https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids, select 'Equity and SME IPO bids', choose 'Clean Max Enviro Energy Solutions Limited', enter PAN and application number, and click on 'Submit'.
• MUFG Intime Website: Visit https://in.mpms.mufg.com/Initial_Offer/public-issues.html, choose 'Clean Max Enviro Energy Solutions Limited', select PAN, application number, DP ID, or account number, and click on 'Search'.

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Clean Max Enviro IPO Listing Date

The IPO listing date is scheduled for March 2.

Grey Market Premium (GMP)

The Clean Max Enviro IPO GMP today is ₹-17 per share, indicating a weak trend in the unlisted market. The estimated listing price of the stock would be ₹1,036, which is at a discount of 1.61% to the issue price of ₹1,053.

IPO Subscription Status

The public issue was subscribed 94% in total, with 6% booking in the Retail Individual Investors (RIIs) category, 54% in the Non Institutional Investors (NII) segment, and 2.83 times subscription in the Qualified Institutional Buyers (QIBs) category.